Tokai Tokyo Financial : Determination of Details of Issuance of Stock Acquisition Rights as Stock Options

Press Release

5-1, NIHONBASHI 2-CHOME,CHUO-KU, TOKYO 103-6130 JAPAN

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(TSE, NSE: 8616) September 6, 2019

Determination of Details of Issuance of Stock Acquisition Rights

as Stock Options

We, Tokai Tokyo Financial Holdings, Inc., (hereinafter "the Company") announce that we finalized today the details of the issuance of the stock acquisition rights as stock options, in accordance with the resolution of the Board of Directors meeting held on August 26, 2019, as follows.

1. The final allocation regarding the parties and the number of the rights to be allocated to respective group of the parties:

Executive Directors of the Company	2	39 rights
Employees of the Company	252	1,178 rights
Executive Directors of the Company's Subsidiaries	22	142 rights
Employees of the Company's Subsidiaries	1	4 rights
Total	277	1,363 rights

Note: The above allocation has been partially changed from the figures announced on August 26, 2019, but the total has not been changed.

1. Number of shares to be issued upon exercise of the stock acquisition rights:
   1,363,000 shares of common stock of the Company
   (The number of shares to be issued upon exercise of each of the stock acquisition rights (i.e. "number of shares granted") shall be one thousand (1,000) shares of common stock of the Company.)
2. Offered unit value to be contributed into the Company's capital upon exercise of the stock acquisition

rights: ¥305,000 per unit of stock acquisition rights

(¥305 per share)

4. Total number of stock acquisition rights to be granted: 1,363 rights

Reference
1.	The date of the meeting of the Board of Directors of the Company in which the	May 20, 2019
	resolution was adopted to submit the proposal regarding the issuance of stock
	acquisition rights for approval to the Regular General Meeting of Shareholders:
2.	The date of the Regular General Meeting of Shareholders in which the	June 26, 2019
	proposed issuance of stock acquisition rights was approved:
3.	The date of the meeting of the Board of Directors of the Company that	August 26, 2019
	determined the operating outline of the issuance of stock acquisition rights:
4.	The date of the stock acquisition right allocation with the relevant final details	September 6, 2019
	fixed:

(end)

Contact: [phone], Corporate Communications, Tokai Tokyo Financial Holdings, Inc.